Warner Bros. Discovery has scrapped “Batgirl,” a superhero movie with a star-studded cast that was to be sent directly to its HBOMax streaming service next year without a theatrical release.
The decision underscores how the new leadership at Warner Bros.—one of the oldest and most storied Hollywood studios—plans to overhaul its distribution strategy for movies to try to maximize return. David Zaslav, the newly formed company’s chief executive, has vowed not to overspend to win market share in the streaming video business.
